Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-trace').style.display = (document.getElementById('cakeErr680326b1e5dc6-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680326b1e5dc6-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-code').style.display = (document.getElementById('cakeErr680326b1e5dc6-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-context').style.display = (document.getElementById('cakeErr680326b1e5dc6-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680326b1e5dc6-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680326b1e5dc6-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 15824, 'metaTitle' => 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant', 'metaKeywords' => 'minimum support price,Farmers,Agriculture', 'metaDesc' => ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...', 'disp' => '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 15824 $metaTitle = 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant' $metaKeywords = 'minimum support price,Farmers,Agriculture' $metaDesc = ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...' $disp = '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant | Im4change.org</title> <meta name="description" content=" -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Is the rural theme losing its charm?-Krishna Merchant</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680326b1e5dc6-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-code').style.display = (document.getElementById('cakeErr680326b1e5dc6-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-context').style.display = (document.getElementById('cakeErr680326b1e5dc6-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680326b1e5dc6-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680326b1e5dc6-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 15824, 'metaTitle' => 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant', 'metaKeywords' => 'minimum support price,Farmers,Agriculture', 'metaDesc' => ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...', 'disp' => '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 15824 $metaTitle = 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant' $metaKeywords = 'minimum support price,Farmers,Agriculture' $metaDesc = ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...' $disp = '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant | Im4change.org</title> <meta name="description" content=" -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Is the rural theme losing its charm?-Krishna Merchant</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-trace').style.display = (document.getElementById('cakeErr680326b1e5dc6-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680326b1e5dc6-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-code').style.display = (document.getElementById('cakeErr680326b1e5dc6-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680326b1e5dc6-context').style.display = (document.getElementById('cakeErr680326b1e5dc6-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680326b1e5dc6-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680326b1e5dc6-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 15824, 'metaTitle' => 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant', 'metaKeywords' => 'minimum support price,Farmers,Agriculture', 'metaDesc' => ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...', 'disp' => '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 15824 $metaTitle = 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant' $metaKeywords = 'minimum support price,Farmers,Agriculture' $metaDesc = ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...' $disp = '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India&rsquo;s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India&rsquo;s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/is-the-rural-theme-losing-its-charm-krishna-merchant-15951.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant | Im4change.org</title> <meta name="description" content=" -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Is the rural theme losing its charm?-Krishna Merchant</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. 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The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 15824, 'title' => 'Is the rural theme losing its charm?-Krishna Merchant', 'subheading' => '', 'description' => '<div align="justify"> -Live Mint<br /> <br /> <em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /> </em><br /> Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /> <br /> Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /> <br /> According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /> <br /> The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /> <br /> There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /> <br /> What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /> <br /> </div>', 'credit_writer' => 'Live Mint, 29 June, 2012, http://www.livemint.com/2012/06/29170820/Is-the-rural-theme-losing-its.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'is-the-rural-theme-losing-its-charm-krishna-merchant-15951', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 15951, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 15824 $metaTitle = 'LATEST NEWS UPDATES | Is the rural theme losing its charm?-Krishna Merchant' $metaKeywords = 'minimum support price,Farmers,Agriculture' $metaDesc = ' -Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in...' $disp = '<div align="justify">-Live Mint<br /><br /><em>Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20%<br /></em><br />Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd.<br /><br />Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009.<br /><br />According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports.<br /><br />The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount.<br /><br />There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans.<br /><br />What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration.<br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Is the rural theme losing its charm?-Krishna Merchant |
-Live Mint
Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by Emkay Global Financial Services Ltd. Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices (MSP) by over 20% because of rising cost of cultivation and excess supply. The government has raised MSPs for oil seeds, pulses and wheat, but average prices of major crops such as Jowar, Paddy, Tur and Bajra have remained stagnant since December 2009. According to Emkay Research, the average cost of cultivation rose over 15% while the net cash realizations dipped 10% which led to 35% drop in cash flows in FY12. Emkay estimates cash flows to decline further, by 39% in FY13. Although the government has boasted about the record food grain production of 252 million tonnes in the crop year ending June, around 82 million tonnes of food grain was left to rot in the silos, according to news reports. The policy response is limited because the storage capacity in India is only around 50 million tonnes which means that 32 million tonnes of food grain was exposed to damage during the crop year 2012. Because of the high mountain of food grain, the government will be forced to sell 8 million tonne of grains at prices below procurement costs. The will increase their procurement price and will further widen the food subsidy bill. Emkay expects food subsidy bill to be 20% higher in FY13, at Rs. 90,000 crore compared to Rs. 75,000 crore budgeted amount. There are already early signs of moderation in rural demand. Domestic tractor sales declined 5.1% year-on-year in April and motorcycle sales have dropped 6.5% y-o-y in May. Additionally decontrolled fertilizer sales plunged 14% y-o-y between April to May. State Bank of India’s agriculture non- performing assets jumped 72% in FY12, of which 6.7% were agri-loans. What are the sectors which are expected to feel the pinch? Emkay said poor cash flows in agri-sector will affect key inputs like complex fertilizers, from auto space - two wheeler, tractor and truck makers will see sluggish growth. Moderating rural demand will also weigh on cement makers, banks that have high exposure to agri-lending and FMCG companies like Colgate and Hindustan Unilever which have a deep rural penetration. |